In 2005, Vornado completed 731 Lexington Avenue, designed by Cesar and Rafael Pelli 1.3-million-square-foot, 56-story, mixed-use tower adjacent to Bloomingdale's in Manhattan. Hailed as "architectural bravura" by The New York Times, it is best known for its signature elliptical courtyard connecting 58th and 59th Streets. The building is the world headquarters of Bloomberg L.P. and offers approximately 250,000 square feet of multitiered, grand-scale retail presence. It is also the site of One Beacon Court, an exclusive collection of 105 high-value luxury residential condominiums, boasting spectacular views of Central Park and panoramic views of all of New York City.